All incomes in 2022 inflation-adjusted dollars using R-CPI-U-RS. Sources: U.S. Census Bureau, American Community Survey (ACS) 2017-2021 5-Year Estimates
TABLE OF CONTENTS
Age of householder
Per the latest American Community Survey by the Census Bureau, Edmondson sees its highest median household income among householders in the age group of 45 to 64 years old, at $36,481. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Edmondson, the median household income stands at $36,481 for householders within the 45 to 64 years age group, followed by $23,270 for the 65 years and over age group. Notably, householders within the 25 to 44 years age group, had the lowest median household income at $18,085.
- Notably, household income for individuals within the 25 to 44 years age group demonstrated the smallest decline of $3,732(17.11%), declining from a median of $21,817 in 2011 to $18,085 in 2021.
- 0 households where the householder is under 25 years old.
- 24(18.46%) households with a householder aged between 25 and 44 years.
- 75(57.69%) households with a householder aged between 45 and 64 years.
- 31(23.85%) households where the householder is over 65 years old.
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Gender
In Edmondson, the population consists of 121 males (37.58%) and 201 females (62.42%). Here are the primary highlights from the gender-based income distribution analysis:
- In Edmondson, the median income for all workers aged 15 years and older, regardless of work hours, was $29,725 for males and $15,087 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $58,099 for males and $28,674 for females.
- In Edmondson, the median income for all workers aged 15 years and older, regardless of work hours, was $29,725 for males and $15,087 for females.
- In Edmondson, among full-time, year-round workers aged 15 years and older, males earned a median income of $58,099, while females earned $28,674, leading to a 51% gender pay gap among full-time workers. This illustrates that women earn 49 cents for each dollar earned by men in full-time roles. This level of income gap emphasizes the urgency to address and rectify this ongoing disparity, where women, despite working full-time, face a more significant wage discrepancy compared to men in the same employment roles.
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Race
In Edmondson, the population is predominantly Black or African American, constituting 66.46% of the total residents. Here are the key highlights from the analysis of income distribution by race:
- The median household income for Black or African American households is $21,476.
- In Edmondson, Black or African American is both the largest group and the one with the highest median household income, which stands at $21,476.
- In Edmondson, the median household income for White households was $39,227 in 2011(2022 inflation-adjusted dollars). However there is no reported data for 2021, indicating a lack of information for this specific year.
- In Edmondson, the median household income for the households where the householder is Black or African American decreased by $34,459(61.61%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $55,935 in 2011 and $21,476 in 2021.
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Year by year
Edmondson, AR median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Edmondson decreased by $593 (2.34%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 6 years and declined for 5 years.
- The most significant year-by-year growth occured from 2010 to 2011, when the median household income increased by 30,455 (from $25,299 to $55,754). Similarly the most substantial year-by-year decline occured from 2012 to 2013, when the median household income decreased by 22,265 (from $56,436 to $34,171).
- Additionally, the Census Bureau did not report a median household income for larger household sizes.
- With a Gini coefficient of 0.5233, it is evident that income distribution in Edmondson, AR exihibits characterstics of moderate inequality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $61,202.
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References
- U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates
- Consumer Price Index retroactive series using current methods (R-CPI-U-RS)